RODEMCO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
RODEMCO
Largest movements
- Intangible fixed assets +€27,936
up €27,936 (+107%), from €26,141 to €54,077
- Cash +€18,712
up €18,712 (+51.2%), from €36,564 to €55,276
mainly Net result for the year (+€27,869) and Depreciation (+€20,012)
- Stocks and contracts -€14,662
down €14,662 (-65.2%), from €22,483 to €7,821
- Receivables within one year +€7,021
up €7,021 (+15.4%), from €45,631 to €52,652
of which Trade receivables: +€8,626
- Reserves +€21,203
up €21,203 (+28.3%), from €74,861 to €96,064
- Trade debts +€16,237
up €16,237 (+45.8%), from €35,431 to €51,668
- Accrued charges and deferred income -€6,114
down €6,114 (-100%), from €6,114 to €0
- Tax, wage and social debts +€4,052
up €4,052 (+77.4%), from €5,236 to €9,288
- Other debts +€3,391
up €3,391 (+96.9%), from €3,500 to €6,891
- Gross operating margin +€23,380
up €23,380 (+71.2%), from €32,844 to €56,225
- Taxes +€5,798
up €5,798 (+170%), from €3,418 to €9,216
- Depreciation +€4,850
up €4,850 (+32.0%), from €15,162 to €20,012
- Write-downs -€1,875
down €1,875 (-100%), from €1,875 to €0
- Financial income +€1,525
up €1,525 (+1,160%), from €132 to €1,657
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,341 | €170,838 | +€39,497 | +30.1% |
| Fixed assets | 21/28 | €26,664 | €55,089 | +€28,426 | +107% |
| Intangible fixed assets | 21 | €26,141 | €54,077 | +€27,936 | +107% |
| Tangible fixed assets | 22/27 | €523 | €1,012 | +€490 | +93.7% |
| Furniture and vehicles | 24 | €523 | €1,012 | +€490 | +93.7% |
| Current assets | 29/58 | €104,678 | €115,749 | +€11,071 | +10.6% |
| Stocks and contracts in progress | 3 | €22,483 | €7,821 | -€14,662 | -65.2% |
| Stocks | 30/36 | €22,483 | €7,821 | -€14,662 | -65.2% |
| Amounts receivable within one year | 40/41 | €45,631 | €52,652 | +€7,021 | +15.4% |
| Trade receivables | 40 | €43,058 | €51,684 | +€8,626 | +20.0% |
| Other amounts receivable | 41 | €2,573 | €968 | -€1,605 | -62.4% |
| Cash at bank and in hand | 54/58 | €36,564 | €55,276 | +€18,712 | +51.2% |
| Total equity and liabilities | 10/49 | €131,341 | €170,838 | +€39,497 | +30.1% |
| Equity | 10/15 | €81,061 | €102,264 | +€21,203 | +26.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €74,861 | €96,064 | +€21,203 | +28.3% |
| Distributable reserves | 133 | €74,861 | €96,064 | +€21,203 | +28.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €50,281 | €68,574 | +€18,293 | +36.4% |
| Amounts payable within one year | 42/48 | €44,166 | €68,574 | +€24,408 | +55.3% |
| Financial debts | 43 | - | €727 | +€727 | |
| Credit institutions | 430/8 | - | €727 | +€727 | |
| Trade debts | 44 | €35,431 | €51,668 | +€16,237 | +45.8% |
| Suppliers | 440/4 | €35,431 | €51,668 | +€16,237 | +45.8% |
| Taxes, remuneration and social security | 45 | €5,236 | €9,288 | +€4,052 | +77.4% |
| Taxes | 450/3 | €5,236 | €9,288 | +€4,052 | +77.4% |
| Other amounts payable | 47/48 | €3,500 | €6,891 | +€3,391 | +96.9% |
| Accrued charges and deferred income | 492/3 | €6,114 | €0 | -€6,114 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,162 | €20,012 | +€4,850 | +32.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,875 | €0 | -€1,875 | -100% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €32,844 | €56,225 | +€23,380 | +71.2% |
| Operating profit (loss) | 9901 | €15,294 | €35,685 | +€20,391 | +133% |
| Financial income | 75/76B | €132 | €1,657 | +€1,525 | +1,160% |
| Recurring financial income | 75 | €132 | €1,657 | +€1,525 | +1,160% |
| Financial charges | 65/66B | €224 | €256 | +€33 | +14.6% |
| Recurring financial charges | 65 | €224 | €256 | +€33 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €15,202 | €37,086 | +€21,884 | +144% |
| Income taxes | 67/77 | €3,418 | €9,216 | +€5,798 | +170% |
| Profit (loss) for the period | 9904 | €11,784 | €27,869 | +€16,085 | +137% |
| Profit (loss) for the period to be appropriated | 9905 | €11,784 | €27,869 | +€16,085 | +137% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.